Once upon a time, a guy named Carl decided he wanted to introduce his grandpa to Bitcoin. Carl had been talking about cryptocurrency for months, convinced it was the future, but Grandpa wasn’t quite convinced. He was old school—kept his money under the mattress and thought “crypto” was some kind of new-fangled slang for “crypt keeper.”



Carl set up a Bitcoin wallet for Grandpa, transferred a tiny amount to get him started, and explained how it worked. Grandpa scratched his head, confused by the whole concept. Carl gave him a pep talk, saying, “This is digital gold, Grandpa! One day, this could be worth millions.”



A week later, Carl called Grandpa to see how he was doing with his new digital fortune. Grandpa answered the phone and said, “Well, Carl, I spent all that Bitcoin you gave me.”



Carl panicked. “What?! What did you spend it on? How did you even figure out how to spend it?”



Grandpa replied, “I didn’t spend it on anything. I printed out all my Bitcoins and mailed them to myself just to make sure I still had ‘em.”



Turns out Grandpa printed the QR codes from his Bitcoin wallet, cut them into little squares, and put them in an envelope, convinced he was storing his wealth. Carl sighed, realizing Grandpa’s money was safer under the mattress after all.

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